Technical Analyst Midas Fintech Solutions

2.0 - 7.0 years

3 - 8 Lacs

Mumbai, Dadar

Work from Office

We are seeking a skilled Technical Analyst & Chartist with a deep understanding of price action, chart patterns, and technical indicators tgenerate high-conviction trade ideas across equities, derivatives (F&O), and other asset classes. The ideal candidate will analyze historical price data, market trends, and volume action tforecast short-term and medium-term movements in stock prices, and assist traders in making informed decisions. Key Responsibilities: Chart Analysis : - Analyze candlestick patterns, trendlines, and chart formations (head & shoulders, triangles, flags, etc.). Identify key support, resistance, and pivot zones using historical data. Technical Indicators : - Apply indicators like RSI, MACD, Bollinger Bands, Fibonacci retracements, moving averages etc. Detect trend reversals, breakouts, and divergences using momentum and volume studies. Trade Idea Generation : - Create intraday, short-term, and positional trade setups with entry, target, and stop-loss levels. Classify setups based on risk-reward and confidence level. Market Commentary & Reports : - Prepare daily pre-market and post-market technical commentaries. Identify weekly outlooks and sectoral/stock-specific research notes. Charting Tools & Software : - Proficient in usage of Use tools like Trading View, Charting etc or similar for real-time analysis. Maintain template layouts and custom indicators as per trading strategies. Back-testing & Strategy Evaluation : - Perform back testing of technical strategies using historical price data. Record win/loss ratios, average returns, and drawdowns of past recommendations. Volume & Derivatives Data Analysis : - Track price-volume breakouts and open interest changes in futures & options. Use F&data (PCR, IV, Max Pain) support directional bias. Global & Intermarket Monitoring : - Monitor global indices, commodities, and currencies for correlation. Factor in macroeconomic releases and global news impacting technical levels. Team Communication : - Present views internal team. Provide quick technical insights during market hours when needed. Education : - Bachelors degree in finance, Economics, Business, or a related field Proven experience as a Technical Analyst in Indian stock market. Proficiency in technical analysis software and tools High level of attention detail and accuracy. Strong organizational and time management skills. Familiarity with SEBI regulations and compliance requirements.

Posted 3 days ago

Apply

Start Your Job Search Today

Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.